Two fifths (40%) of people aged under 40 predict that there will no longer be a state pension in 2050, according to new research.

UK sales of enhanced annuities to people with a reduced life expectancy continued their downward spiral in the first six months of 2015.

The Institute of Financial Planning board today announced that it has voted to formally approve the merger with the CISI and has also announced that interim CEO Steve Gazzard will be stepping down.

IFP interim chief executive Steve Gazzard CFP^CM is to leave his role at the IFP after seven and a half years and will exit the organisation today.

Two new council chairmen have been appointed to the National Association of Pension Funds’ councils in a bid to overcome the challenges faced in the evolving pensions industry.

A survey of employers by Aviva has revealed that businesses are concerned about possible changes to pension tax relief.

Pictet Asset Management, which specialises in thematic investing, has announced the launch of Pictet-Robotics.

Legal & General Investment Management has recruited a head of workplace defined contributions (product & proposition) to continue its “commitment to growth”.

The Financial Planning software company Prestwood has signed up former IFP President Julie Lord as a director.

AXA Wealth has unveiled a new online ‘LifePlanning’ toolkit for advisers to use with clients to give them a “clearer view” of their financial well-being.